QUETTA: The Federal Board of Revenue (MCC) assigned Rs1660.71million all duty taxes’ collection to the Model Customs Collectorate Quetta for May of Financial Year (FY) 2016-17.
The Federal Board of Revenue (FBR) assigned Rs238.00million collection of Withholding and Income Tax to Model Customs Collectorate, and the FBR assigned Rs811.00million Sales Tax. The MCC Quetta has been assigned Rs18.00million Federal Excise Duty and it has been assigned Rs593.71million Customs Duty.
The sources said the MCC Quetta was assigned Rs1398.00million All Duty Taxes during April FY2016-17 whereas the Quetta Collectorate exceeded its assigned collection target of All Duty and Taxes with the collection of Rs1400.00million during April 2016-17.
Elaborating the revenue earned during April FY-16-17, the sources said the Quetta Collectorate generated Rs557.00million revenue against the assigned target of Rs513million Customs Duty. The MCC Quetta received Rs597.00million Sales Tax while the collector said the collectorate collected Rs33.00million against the assigned target of Rs15.00million Federal Excise Duty.
During above said period, the MCC Quetta earned Rs213million against the assigned target of Rs170million Withholding Tax for the month of April.
